CoreWeave (NASDAQ:CRWV) CFO Nitin Agrawal Sells 55,764 Shares of Company Stock

CoreWeave Inc. (NASDAQ:CRWV) CFO Nitin Agrawal sold 55,764 shares of the firm’s stock in a transaction dated Tuesday, September 22nd. The shares were sold at an average price of $86.83, for a total value of $4,841,988.12. Following the sale, the chief financial officer owned 132,596 shares in the company, valued at $11,513,310.68. This trade represents a 29.61% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Nitin Agrawal also recently made the following trade(s):

• On Monday, September 14th, Nitin Agrawal sold 66,576 shares of CoreWeave stock. The shares were sold at an average price of $83.70, for a total value of $5,572,411.20.
• On Tuesday, August 25th, Nitin Agrawal sold 5,509 shares of CoreWeave stock. The stock was sold at an average price of $88.64, for a total value of $488,317.76.
• On Thursday, August 20th, Nitin Agrawal sold 10,062 shares of CoreWeave stock. The stock was sold at an average price of $91.88, for a total value of $924,496.56.
• On Wednesday, July 8th, Nitin Agrawal sold 3 shares of CoreWeave stock. The shares were sold at an average price of $82.98, for a total value of $248.94.
• On Tuesday, June 30th, Nitin Agrawal sold 4 shares of CoreWeave stock. The shares were sold at an average price of $95.69, for a total value of $382.76.

CoreWeave Stock Performance

Shares of CoreWeave stock traded up $3.23 on Thursday, reaching $90.13. The company’s stock had a trading volume of 33,660,490 shares, compared to its average volume of 26,381,484. The company has a quick ratio of 0.46, a current ratio of 0.46 and a debt-to-equity ratio of 5.53. The stock has a 50-day moving average price of $85.80 and a 200-day moving average price of $94.40. CoreWeave Inc. has a 52-week low of $60.55 and a 52-week high of $153.20.

CoreWeave (NASDAQ:CRWV) last announced its earnings results on Tuesday, August 11th. The company reported ($1.14) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($1.52) by $0.38. CoreWeave had a negative return on equity of 47.95% and a negative net margin of 25.41%.The firm had revenue of $2.58 billion for the quarter. During the same quarter last year, the business earned ($0.27) EPS. The company’s quarterly revenue was up 112.5% on a year-over-year basis. As a group, sell-side analysts predict that CoreWeave Inc. will post -5.19 EPS for the current year.

Institutional Investors Weigh In On CoreWeave

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Alyeska Investment Group L.P. grew its holdings in shares of CoreWeave by 55.7% during the second quarter. Alyeska Investment Group L.P. now owns 10,891,267 shares of the company’s stock worth $1,084,117,000 after buying an additional 3,897,741 shares in the last quarter. State Street Corp lifted its stake in shares of CoreWeave by 139.7% in the second quarter. State Street Corp now owns 7,058,846 shares of the company’s stock worth $702,638,000 after buying an additional 4,113,873 shares in the last quarter. Bank of America Corp DE boosted its position in CoreWeave by 13.1% during the first quarter. Bank of America Corp DE now owns 5,652,129 shares of the company’s stock worth $437,870,000 after acquiring an additional 653,398 shares during the last quarter. Clear Street Group Inc. boosted its position in CoreWeave by 57.2% during the fourth quarter. Clear Street Group Inc. now owns 4,653,815 shares of the company’s stock worth $333,260,000 after acquiring an additional 1,692,916 shares during the last quarter. Finally, Deutsche Bank AG boosted its position in CoreWeave by 22,624.0% during the fourth quarter. Deutsche Bank AG now owns 3,812,856 shares of the company’s stock worth $273,039,000 after acquiring an additional 3,796,077 shares during the last quarter.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on CRWV. BTIG Research initiated coverage on shares of CoreWeave in a report on Wednesday, July 22nd. They set a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $150.00 price target on shares of CoreWeave in a research report on Friday, August 7th. JPMorgan Chase & Co. raised shares of CoreWeave from a “neutral” rating to an “overweight” rating and raised their price target for the company from $120.00 to $125.00 in a research note on Thursday. Btg Pactual set a $125.00 price objective on CoreWeave in a report on Monday. Finally, Mizuho lifted their price objective on CoreWeave from $100.00 to $115.00 and gave the stock a “neutral” rating in a report on Wednesday, August 12th. One research analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, nine have assigned a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $138.78.

CoreWeave News Roundup

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: JPMorgan upgraded CoreWeave to Overweight from Neutral and raised its price target to $125 from $120. The bank cited premium short-term compute pricing and favorable contracts, suggesting CoreWeave may have stronger pricing power as demand for AI capacity outpaces supply. JPMorgan upgrades CoreWeave to Overweight on premium short-term compute pricing
• Positive Sentiment: UBS initiated coverage with a Buy rating and a $120 price target, also pointing to resilient AI-compute demand and a valuation it considers undemanding relative to CoreWeave’s growth prospects. The additional bullish coverage is supporting sentiment toward the stock. CoreWeave gets Buy rating from UBS as AI compute demand strengthens
• Positive Sentiment: CoreWeave announced a multi-year agreement with Harell Data to provide infrastructure for AI model training, fine-tuning and inference. The deal expands its customer base and could create another avenue for growth amid intense competition in cloud services. Harell Data Selects CoreWeave to Power Its Secure Platform for AI Model Training
• Positive Sentiment: CoreWeave earned SemiAnalysis’ Platinum ClusterMAX rating for the third consecutive evaluation—the only provider to receive the distinction each time. The recognition reinforces its positioning on AI-cloud performance, reliability and scalability. CoreWeave earns SemiAnalysis Platinum ClusterMAX rating
• Neutral Sentiment: Despite the positive catalysts, trading has been mixed across AI infrastructure stocks, indicating that investors remain selective and focused on funding needs, valuation and execution.
• Negative Sentiment: CoreWeave completed an upsized convertible-notes offering totaling approximately $3.7 billion in principal, with reports describing a $4.2 billion transaction value. The financing provides capital for data-center expansion but increases debt obligations, interest costs and potential future share dilution as capital spending accelerates. CoreWeave closes $4.2 billion convertible notes deal

About CoreWeave

CoreWeave, Inc is a specialized cloud computing provider focused on infrastructure for artificial intelligence, machine learning, high-performance computing and other data-intensive workloads. The company provides access to accelerated computing resources, particularly graphics processing units (GPUs), through a cloud platform designed for large-scale training, inference, rendering and scientific computing.

Its offerings include on-demand and reserved GPU instances, cloud storage, high-speed networking, Kubernetes-based container orchestration and managed services for deploying and scaling workloads.